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Petrol Prices Touch ₹100-Mark in MP, Minister ‘Congratulates’ PM Modi; Here’s Why

In Anuppur of Madhya Pradesh, petrol is priced at ₹100.25 per litre and diesel at ₹90.35.

Published: February 19, 2021 10:41 AM IST

By India.com Business Desk | Edited by Surabhi Shaurya

Petrol Prices Touch ₹100-Mark in MP, Minister 'Congratulates' PM Modi; Here's Why
In Anuppur of Madhya Pradesh, petrol is priced at ₹100.25 per litre and diesel at ₹90.35.

 New Delhi: As the retail price of petrol crossed ₹ 100 a litre-mark in Madhya Pradesh, State medical education minister Vishvas Sarang congratulated Prime Minister Narendra Modi, saying that the latter should be congratulated for making arrangements to control international oil prices (with) use of solar energy for transportation.

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“I want to congratulate Prime Minister… he made arrangements to control international oil prices (with) use of solar energy for transportation. Modiji’s decision to bring electric vehicles will strengthen our control (over) oil pricing”, the minister said on being asked if MP, was planning to cut taxes to give consumers some relief”, the minister reportedly said.

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In Anuppur of Madhya Pradesh, petrol is priced at ₹100.25 per litre and diesel at ₹90.35. Fuel prices differ from state to state depending on the incidence of local taxes such as VAT and freight charges. Rajasthan levies the highest value-added tax (VAT) on petrol in the country, followed by Madhya Pradesh. Madhya Pradesh levies 33% plus ₹4.5 a litre and 1% cess on petrol. On diesel, it charges 23% plus ₹3 per litre and 1 cess.

Meanwhile, petrol and diesel prices maintained its northward rally today, the eleventh consecutive day when its retail prices rose across the country, with the global oil market remaining stable but firm. Accordingly, oil marketing companies raised the pump price of petrol by 31 paise and diesel by another 33 paise per litre in Delhi.

With this increase, petrol is now priced at Rs 90.19 a litre and diesel Rs 80.60 a litre in the national capital. At this price in Delhi, petrol has breached Rs 90 a litre-mark across all metros and around all major cities of the country.

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Published Date: February 19, 2021 10:41 AM IST